Funded

Total loan: $700
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Penina

Kenya
karatina, Kenya / Beauty Salon

A loan of $700 helped to buy beauty products.


Penina's story

Penina is a 41 year old married woman who has one child. She describes herself as a visionary and determined.

Penina operates a beauty salon where she offers hair dressing services. She has been involved in this business for six years. Her primary customers are individual clients. She describes her biggest business risk as economic challenges.

Penina will use the Kes 60,000 loan to buy beauty products for use in the salon. Her business goal is to have a large scale business within five years. She hopes that in the future, she will be successful. This is her third loan with SMEP DTM. Her previous loan was repaid successfully.


Loan details

Loan length:

14 months
Disbursed date: March 24, 2014
Facilitated by Field Partner: SMEP Microfinance Bank

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: March 24, 2014
Facilitated by Field Partner: SMEP Microfinance Bank